Purr (PURR) is 36.1× the size of lmeow (LMEOW) by market capitalisation. Over the past 30 days, PURR is ahead by 98.6 percentage points (LMEOW -99.9% against PURR -1.3%). Their daily returns move loosely together (correlation 0.44 across 25 shared trading days). LMEOW has been the more volatile of the two, at 416% annualised against PURR's 223%.
LMEOWPURR
0.44over 25 shared trading days
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.
| Metric | LMEOW | PURR |
|---|---|---|
| Max drawdown (400d) | -99.9% | -43.9% |
| Risk-adjusted return (90d) | -0.24 | 0.07 |
Relative strength over 90 days: PURR outperformed LMEOW by 99.9% — measured on the LMEOW/PURR ratio, so it holds regardless of market direction.